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Lumber Liquidators Charged with Fraud by SEC

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On March 12, 2019, the Securities and Exchange Commission announced charges against Lumber Liquidators Holdings Inc. for making fraudulent misstatements to investors.  The charges stem from Lumber Liquidators’ false public statements in response to media allegations that the company was...
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Initial Coin Offering Scam Charges Settled

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On December 12, 2018, the SEC announced that two former executives behind an allegedly fraudulent initial coin offering (“ICO”) stopped by the SEC earlier this year have been ordered in federal court to pay nearly $2.7 million and prohibited from...
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FTC Finds 1-800 Contacts Unlawfully Harmed Competition

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FTC Commissioners Find 1-800 Contacts Unlawfully Harmed Competition in Online Search Advertising Auctions, Restricting the Availability of Truthful Advertising to Consumers On November 14, 2018, the Federal Trade Commission announced that it held that 1-800 Contacts, the nation’s largest online...
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